Paul & Elaine Chervinsky Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Paul & Elaine Chervinsky Charitable Foundation is a 501(c)(3) organization based in Newton, Massachusetts, registered in 1994, with $2,328,884 in FY2024 revenue. CharityIndex grades it C+.
31 Magnolia Ave, Newton, MA, 02458 EIN 04-3214315 Since 1994
Revenue (FY2024)
$2.3M
▲ 745.1% vs prior year
Expenses (FY2024)
$444K
Net assets
$6.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Paul & Elaine Chervinsky Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating170 mo reserves · +81% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Paul & Elaine Chervinsky Charitable Foundation: 170 mo reserves · +81% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Paul & Elaine Chervinsky Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Paul & Elaine Chervinsky Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 31 Magnolia Ave, Newton, MA, 02458
- City
- Newton
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $541K (FY2013) to $2.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,899Net assets $6.3M
Operating margin
80.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.3M
Total liabilities
$1,899
Net assets
$6.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,328,884▲745% | $443,723▲47.6% | $6,301,285▲42.7% | $6,303,184▲42.6% | 990PF |
| 2023 | $275,562▼73.4% | $300,611▼29.3% | $4,416,124▼0.6% | $4,420,331▼0.5% | 990PF |
| 2022 | $1,035,913▲291% | $425,159▲22.2% | $4,441,173▲15.9% | $4,441,173▲15.9% | 990PF |
| 2021 | $265,079▼45.4% | $347,902▼5.0% | $3,830,419▼2.1% | $3,830,419▼2.1% | 990PF |
| 2020 | $485,501▼20.5% | $366,385▲185% | $3,913,242▲3.1% | $3,913,242▲3.1% | 990PF |
| 2019 | $610,747▲35.1% | $128,596▼32.5% | $3,794,126▲1.7% | $3,794,126▲1.7% | 990PF |
| 2018 | $452,088▲119% | $190,646▲102% | $3,730,143▲7.5% | $3,730,143▲7.5% | 990PF |
| 2017 | $206,756▼33.0% | $94,277▼2.4% | $3,468,701▲3.4% | $3,468,701▲3.4% | 990PF |
| 2016 | $308,394▲486% | $96,644▲13.2% | $3,356,222▲6.7% | $3,356,222▲6.7% | 990PF |
| 2015 | -$79,913▼116% | $85,357▼92.4% | $3,144,472▼5.0% | $3,144,472▼5.0% | 990PF |
| 2014 | $495,047▼8.5% | $1,123,870▲399% | $3,309,742▼16.0% | $3,309,742▼16.0% | 990PF |
| 2013 | $540,931 | $225,237▲43.4% | $3,938,565▲8.7% | $3,938,565▲8.7% | 990PF |
| 2012 | — | $157,065 | $3,622,871 | $3,622,871 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Paul & Elaine Chervinsky Charitable Foundation a legitimate nonprofit?
- Yes. Paul & Elaine Chervinsky Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3214315, based in Newton, Massachusetts. Donations are tax-deductible.
- What is Paul & Elaine Chervinsky Charitable Foundation's EIN?
- Paul & Elaine Chervinsky Charitable Foundation's Employer Identification Number (EIN) is 04-3214315.
- How much revenue does Paul & Elaine Chervinsky Charitable Foundation report?
- Paul & Elaine Chervinsky Charitable Foundation reported $2,328,884 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Paul & Elaine Chervinsky Charitable Foundation have?
- CharityIndex grades Paul & Elaine Chervinsky Charitable Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Newton
Explore more
Data for Paul & Elaine Chervinsky Charitable Foundation (EIN 04-3214315) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.